Rapid Telecom to acquire GCCIX cable system

DUBAI, March 7, 2017

Rapid Telecom, a licensed Bahraini telecommunications and information services company, announced it is in the process of acquiring GCCIX cable system, the first privately-owned terrestrial cable system that connects the Gulf countries together while simultaneously providing onward connectivity to the rest of the world.

Shaikh Hamad bin Khalid Al Khalifa, chairman of Rapid Telecom, said the decision to acquire the GCCIX cable system comes in line with the company’s efforts to enhance its international reach.

“Rapid Telecom’s new management team plans to position the company alongside leading regional and international telecom providers. We aim to become one of the most competitive and innovative telecom providers in the region, and we are confident that our new management and our highly skilled team will lead the company toward reaching these goals,” he said.